saas: Little impact from no overseas listing, but policy should focus on ‘stay in India’: SaaS

Chennai: The government’s decision to freeze a plan to allow Indian startups to tap the overseas markets reflects a lack of long-term view towards wealth creation, founders of Software as a Service (SaaS) platforms said.

This will, however, not directly impact SaaS companies looking to hit the public markets, they added.

Some India-born technology companies, including Nasdaq-listed Freshworks, are domiciled abroad, chiefly to be near their